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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

YKF is a manufacturer of candles with world-wide operations.

The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.

The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device

What technology has YKF adopted to make its accounting software more flexible?

Options:

A.

Data Analytics

B.

Blockchain

C.

Cloud computing

D.

Internet of things

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Question 2

Which of the following is NOT a key feature of total quality management (TQM)?

Options:

A.

A staff appraisal system is used

B.

Management is committed to improvement

C.

All value chain participants are involved

D.

Costs for failure are reduced

Question 3

Which of the following are the tasks associated with the effective management of the treasury function?

 Select ALL that apply.

Options:

A.

Legally avoid paying as much tax as possible

B.

Minimise foreign exchange losses

C.

Effectively manage the cash position

D.

Effectively manage the trading position

E.

Ensure compliance with statutory reporting

F.

Ensure effective product pricing